Idenix Pharmaceuticals (IDIX)

[rsox]

if nm never existed you would never have had the overenthusiasm (high stock price), and the overeaction (failed high expectations).

Then without the nm 283 catalyst acting on the stock price, the hbv drug would have gone through the same type of overexpectation mechanism, and underdelivery mechanism, of a market trying to settle on a fair value for a share of the underlying stock. thats my take on it, albeit at much lower mkt valuation than a company with two promising drug canditates ready to start procuding revenue.

nvs paying up for the license and jp somadosi buying a hundred grand worth of stock misled me into believing that the shorts were unaware of the seemingly evident.
live and learn...but i respect shorts way more.